Originally Posted by
FlyGuy2002
To be fair. Vesting schedule isn’t even nuanced.
year 2 20%
year 3 40%
year 4 60%
year 5 80%
year 6 100%.
Pretty simple. And he is right. I’d venture 8 out of 10 guys I fly with don’t know that. Or when I ask Them what funds they have in their 401k..they never seem to know. Money isn’t everything , but it’s a lot of things . And so many guys I know don’t even know where there own money is going. pilots are smart folks , but it does shock me how little people know or worse, want to know about their financial future
Are all the non-vested funds lost forever upon furlough or does the vesting continue if one is recalled? Or, as a previous poster inquired, will the IRS "partial termination" clause apply?